The Importance of Strategic Competence in HRM: Evidence from Austria, Czech Republic, Hungary and Slovakia.

Abstract

Strategic Human Resource Management (SHRM) is vital in order to gain competitive advantage for organisations. Although there is extant literature on SHRM from academia and practitioners alike, looking closer at HR activities in today's organisations, resource allocation is still inclined towards more operational, day-to-day activities. The main objective of this paper is to give a deeper understanding about how the importance of strategic competence in HR might vary depending on the country, the work experience of HR managers and whether it differs between HR and stakeholders HR (namely, middle and top management), or if company size and the organisational life cycle play a role. A quantitative study of HR managers and stakeholders HR using telephone interviews were conducted in Austria and three CEE countries. Findings on the perceived importance of the strategic competence of HRM are presented in detail and suggestions for further research are presented.

The gender aspects of career development and leadership in organizations

“…For the successful functioning and development of a business, leadership, striving for career growth, and an effective management system are required. The role of a leadership position has an exceptional basis -it is leaders who give meaning to employees' activities, set ever-higher goals while inspiring employees to achieve them, activate business processes, and lead the company to prosperity and sustainable operations (Covarrubias Venegas, Thill & Domnanovich, 2017). Considerable attention is currently being paid to the development of leadership in the economic system because the qualities of a leader are inherently unique and peculiar.…”